Global Family Business Leadership Term Paper Example | Topics and Well Written Essays - 2750 words

Global Family Business Leadership - Term Paper Example The company incorporates two exceptional principles: Efficiency and Freedom for generations. This distinguishes Mars from its competitors. Being a private family owned business there has to be freedom to make long term investments (Nicholson, 2005). The Middle East and North Africa (Mena) began in 1930when its predecessor Morgan Guaranty Trust Company helped U.S based oil companies to strengthen their operations in Saudi Arabia (Aronoff & Ward, 1996). Morgan Guaranty Trust Company is owned by 20% of the shareholders based in London (Barrett & Moores, 2009). Expansion to a market segment like Saudi Arabia may pose tricky situation bearing in mind the religion and culture of most residents in this market. In addition, clashing values, setting and atmosphere play a crucial role in the new entrance (Nicholson, 2005). All businesses require proper management in order to succeed in its endeavors (Aronoff & Ward, 1996). Mars being a global family business believes in seeking leaders’ advises in regards to protection of culture, putting in place business innovations and in providing direction to visions and values of the organization (Nicholson, 2005). The greatest challenge of such a role is unique to every family and context of operation Mars included. It should be noted that leadership in such positions as family businesses is one of the most debated and perplexing scenarios world over, yet least understood. This paper seeks to gather thoughts and experiences with a view of solving puzzling intricacies behind Mar’s expansion into Saudi Arabia. Family business leaders often face numerous strategic challenges in their efforts to maintaining a strong cultural identity of the business (Nicholson, 2005). This research paper underscores emotional intelligence in management, family-non-family relationship at the management apex, collective leadership as well as cultural build up

A Critique of a source of evidence related to an aspect of practice Essay

A Critique of a source of evidence related to an aspect of practice - Essay Example isease which have yielded greater life expectancy, the situation has become more complicated due to the dearth of time and over reliance on technology for healthcare delivery. In the process, the humane angle is sometimes neglected which can have serious consequences on patient compliance as well as the quality of life post treatment. The situation in case of older people is worse. With growing number of their population in society and the fact that most of the older people are either single or have nobody to care for them, it becomes imperative to address the issues pertaining to their dignity in the hospital environment as well as in the social setting. The idea of evidence based clinical diagnosis and practice has emerged and achieved a prominent place in the last few decades to address many of the problems encountered in the hospital setting (Knottnerus & Buntinx, 2009). Past experiences, clinical trials and the surmounting medical literature has churned out stupendous amount of knowledge about diagnosis and the most appropriate treatment modalities for various diseases which are impossible to store within the confines of the human brain. However, the recent advances in information and communication technology have placed a means to access the most pertinent information in a matter of minutes, if not seconds. Making a decision about the most appropriate diagnostic procedure and treatment modality to be adopted should therefore be backed by thorough research and investigation providing a strong basis for the approach to be used in the peculiar situations confronting one in a clinical setting. This allows for the right decision to be taken at the right moment with full justification and forms the basis for evidence based practice. Health care organizations all over the world are making endeavours to facilitate information transfer from literature to practice in order to ensure evidence based practice (Pipe et al, 2005). The issues of handling patients and